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Chelsea Property Group, Inc. (ticker: CPG, exchange: New York Stock Exchange) News Release - 5-Dec-2002
Chelsea Property Group Declares Quarterly Dividends
ROSELAND, N.J.--(BUSINESS WIRE)--Dec. 5, 2002--Chelsea Property Group, Inc. (NYSE: CPG) announced today that its Board of Directors declared a quarterly cash dividend of $0.485 per common share.
The dividend is payable on December 31, 2002 to shareholders of record on December 23, 2002.
The Board of Directors also declared a cash dividend of $1.046875 per share on the Company's 8-3/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on January 15, 2003 to shareholders of record on January 2, 2003.
CONTACT: Chelsea Property Group, Inc.
Michael J. Clarke, 973/228-6111
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